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Fixed mortgage rates continue their downward trend, reaching historical lows hovering near 4.50 percent. Members have the opportunity to fund mortgage originations with long-term wholesale FHLB Boston funding while maintaining attractive spreads. Retaining mortgage originations in the portfolio provides an annuity stream of interest income rather than the one-time fee income generated by selling the mortgages into the secondary market.
Following are two sample strategies for funding 30-year fixed-rate mortgages yielding 4.50 percent using long-term wholesale funding.
View the funding strategies
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